Latest Finance News



Big miners weigh on Aussie market

The Australian share market has closed slightly lower as a sharp fall in iron ore prices weighed upon the big miners. But investors bought into stocks that generate earnings in US dollars, such as ..

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Banks, miners weigh on stock market

The Australian share market is down at noon, with a sharp fall in iron ore prices dragging on the big miners. Iron ore, which had shown some resilience over recent weeks, dropped 3.5 per cent overn..

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Stocks to watch on Wednesday

Stocks of interest on the Australian Securities Exchange on Wednesday: AGL - AGL ENERGY - down nine cents, or 0.6 per cent, at $14.85 AGL Energy is free to resume coal seam gas operations at a s..

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Miners and banks weigh on share market

The share market has fallen for a second straight day despite a brief lift on further indications the Reserve Bank is open to more interest rate cuts. All sectors of the market closed weaker, thoug..

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RBA minutes lift Aussie stock market

The Australian stock market has picked up after a poor start and is relatively flat, after the Reserve Bank signalled that it remains open to further cuts to interest rates. OptionsXpress market an..

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Stocks to watch on Tuesday

Stocks of interest on the Australian Securities Exchange on Tuesday: ELD - ELDERS - up 17 cents, or 5.35 per cent, $3.35 Agribusiness Elders expects strong prices for sheep and cattle and rising..

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Banks, BHP drag back Aust market

The Australian share market has closed more than one per cent lower, dragged back by the big banks and global miner BHP Billiton. "It's one of those days where the banks are leading the charge lowe..

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South32 makes $11b debut

BHP Billiton spin-off South32 has become Australia's fourth largest miner after making a $10.9 billion debut on the stock market. South32 listed on the ASX at $2.13 per share at noon, but lost grou..

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Banks and BHP weigh on Aust shares

The big banks and BHP Billiton have dragged the share market lower. Investors are being cautious around high yield stocks including the big four banks, Telstra and supermarket owners Wesfarmers and..

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Stocks to watch on Monday

Stocks of interest on the Australian Securities Exchange on Monday: AMM - AMCOM TELECOMMUNICATIONS - up six cents, or 2.51 per cent, to $2.45 TPM - TPG TELECOM - steady at $9.00 VOC - VOCUS C..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - The S&P 500 has edged higher to a new record in choppy trade following disappointing reports on US industrial production and consumer con..

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S&P 500 edges up to new record

The S&P 500 has edged higher to a new record in choppy trade following disappointing reports on US industrial production and consumer confidence. At the closing bell on Friday, the S&P 500 ..

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Aussie shares close higher

The Australian share market gained nearly 0.7 per cent but it was considered disappointing given the stronger leads provided by European and US markets. CMC Markets chief market strategist Michael ..

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Miners help boost Aust share market

The Australian share market has risen with the major miners leading gains despite another fall in iron ore prices. The market has recovered from Thursday's losses with investors shrugging off a dip..

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Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday: OSH - OIL SEARCH - 13 cents, or 1.7 per cent, at $7.58 Oil Search holds its annual general meeting in Port Moresby on Friday. ..

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Aussie shares close lower

The Australian share market has closed lower, with a stronger Australian dollar weighing on sentiment. At the close on Thursday, the benchmark S&P/ASX200 index was 18.6 points, or 0.33 per cent..

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Stronger dollar hurts share market

A surge in the Australian dollar has put a dampener on trading on the share market. Stocks were mostly lower at noon AEST on Thursday, dragged down by the dollar climbing to a four-month high of 81..

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Stocks to watch on Thursday

Stocks of interest on the Australian Securities Exchange on Thursday: AST - AUSNET SERVICES - down 1.5 cents, or one per cent, at $1.44 Energy infrastructure company AusNet Services releases its..

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Aust shares rally on good fed budget

The share market has rallied on the back of a positive federal budget, with retail stocks leading the way. The market shrugged off slower wage growth and weak leads from Wall Street to focus on ext..

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Retailers, budget push stocks higher

The Australian stock market has shrugged off a negative lead from Wall Street as retail stocks get a boost from the federal budget. Quay Equities head of trading Tristan K'nell said the market has ..

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Stocks to watch on Wednesday

Stocks of interest on the Australian Securities Exchange on Wednesday: CCL - COCA COLA AMATIL - up 43.0 cents, or 4.39 per cent, at $10.23 Drinks supplier Coca-Cola Amatil says it's on track to ..

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Aus shares close higher

The Australian share market has closed higher ahead of the federal budget to be handed down on Tuesday night. At the close on Tuesday, the benchmark S&P/ASX200 index was 49.5 points, or 0.88 pe..

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